Koken Ltd. (JASDAQ:7963) announces a share repurchase program. Under the program, the company will repurchase up to 68,000 shares, representing 1.34% of its issued share capital, at a price of ¥2,012 per share, for ¥136.82 million. The company will make repurchases through Osaka Securities Exchange in the J-Net market.

In relation to this acquisition of own shares, the company's shares held by Chairman of the Board Shinichiro Sakai and President and Representative Director Hiroyuki Sakai, they have agreed to subscribe these to the acquisition of own shares. The purpose of the plan is to make possible the pursuit of a dynamic capital strategy responsive to changes in the business world. The repurchases will be made on May 14, 2013.

As of April 30, 2013, the company has 5,076,347 shares outstanding excluding treasury and 27,656 shares in treasury.